NonprofitsSpark Capital

Human Services

Spark Capital

OMAHA, NE

Total revenue

$1.9M

Total expenses

$685K

Net assets

$4.3M

Grants received

$1.7M

9 grants

EIN

843169340

Tax year

2024

Mission

Spark capital was organized and is operated exclusively for the benefit of, or to carry out the purposes of, spark as a supporting organization. The organization will provide financial and educational services to economically distressed communities in and around omaha, nebraska and council bluffs, iowa in order to promote social welfare and to combat community deterioration.

Programs

1 program

Educational services will be provided in the form of technical assistance to individuals seeking to form organizations and established organizations that plan to develop poor and distressed communities by providing housing and amenities for low- and moderate-income populations. Through spark capital's provision of technical assistance, recipient individuals and organizations will be better equipped to form community development projects in the targeted economically disadvantaged areas, resulting in community benefit.

Expenses: $46K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$147K
Investment income$137K
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$494K
Fundraising$63K
Other expenses$191K
Total expenses$685K
Total assets$9.8M
Net assets$4.3M

People

10 listed

NameRoleCompensation

SUZI STERBA

PRESIDENT

Board

1 hrs/wk

DANIEL PADILLA

TREASURER

Board

1 hrs/wk

OJ SPOONER

SECRETARY

Board

1 hrs/wk

BRIDGET HADLEY

MEMBER

Board

1 hrs/wk

CHERYL WESTON

MEMBER

Board

1 hrs/wk

LOUIS SMITH

MEMBER

Board

1 hrs/wk

GABBIE KOTT-MCCARTY

MEMBER

Board

1 hrs/wk

CRISTINA CASTRO-MATUKEWICZ

MEMBER

Board

1 hrs/wk

BUEY RAY TUT

CHIEF EXECUTIVE OFFICER

Board

18 hrs/wk

ANGELA SMITH

SENIOR DIRECTOR

Staff

18 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$340K
TO PROVIDE FINANCIAL AND EDUCATIONAL SERVICES TO ECONOMICALLY DISTRESSED COMMUNITIES
2024
$500K
To provide capital support for the Middle-Income Workforce Housing loan fund.
2023
$144K
Community Improvement,Capacity Bldg
2023
$60K
TO PROVIDE FINANCIAL AND EDUCATIONAL SERVICES TO ECONOMICALLY DISTRESSED COMMUNITIES
2023
$149K
Community Improvement,Capacity Bldg
2022
$28K
TO PROVIDE FINANCIAL AND EDUCATIONAL SERVICES TO ECONOMICALLY DISTRESSED COMMUNITIES
2022
$297K
MIDDLE INCOME WORKFORCE HOUSING
2021
$29K
HOMELESSNESS PREVENTION AND SAFE SHELTER
2021
$200K
GENERAL OPERATIONS
2020

Funded by

$1.7M from 5 funders · 9 grants · 2020–2024

Spark

$628K · 4 grants · 2020–2024

Peter Kiewit Foundation

$500K · 1 grant · 2023

The Sherwood Foundation

$297K · 1 grant · 2021

Front Porch Investments

$293K · 2 grants · 2022–2023

Union Pacific Foundation

$29K · 1 grant · 2021

Details

EIN843169340
NTEE codeP11
Subsection03
Ruling date2022-12
Formed2019
Employees0
Volunteers30
SPARK CAPITAL — Mission, Financials & Grants Received | Grantivo